Chorro Para Arriba Group

El grupo solidario Chorro para arriba es originario del barrio Roberto Lara, que está ubicado frente al centro de la ciudad de Nindiri, divididos por la carretera principal que lleva de Managua a Masaya.

La coordinadora del grupo es doña Alejandra García de 45 años de edad, quien se dedica a la elaboración de Bolis y Gelatinas (Refresco congelado embolsados en forma de rollo o rectángulo). Que distribuyen en las diferentes pulperías del departamento.

Alejandra trabaja con el apoyo de sus dos hijos mayores y su esposo quien es el que aprendió el oficio de unos amigos que le enseñaron el proceso de elaboración. Trabajan según temporada, “Ésta es la temporada de mayor venta y por eso invertiremos en mayor cantidad” nos dice Alejandra.

Miriam Rostran vende golosinas y productos perecederos en las afueras de la Zona Franca ubicada en la carretera a Tipitapa; Sonia al igual que Miriam vende productos perecederos en la Zona Franca y Juana Flores vende tortillas y comida en su casa de habitación.




Important Information About This Loan
In mid 2008, a movement began in Nicaragua called “Movimiento No Pago” (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and making it difficult for some branches of microfinance institutions to operate normally. This movement has been fed by the global the economic crisis, which has made it more difficult for Nicaraguans to pay back their loans. This group has submitted a law to the government to create a moratorium on debt repayment. If passed, the law could have a severe effect on the microfinance industry and banking sector in Nicaragua. Recent information indicates that the situation may be improving as the President of Nicaragua has spoken out against this law and would not support its passage in its current form. The network of microfinance institutions in Nicaragua (ASOMIF) has been negotiating with the government in support of an alternative proposal. Kiva, along with 25 other funders from 9 countries, has signed onto a letter to the Nicaraguan government urging a resolution to this situation without enacting a moratorium on debt repayment. The potential passage of the debt moratorium increases the risk of lending in Nicaragua. For more information, please see the following articles: http://impreso.elnuevodiario.com.ni/2009/09/24/nacionales/110236; http://www.laprensa.com.ni/archivo/2009/octubre/16/noticias/economia/355010.shtml


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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